Asian Stocks Sink As Trump Tariffs Spark Global Recession Fears, Oil Prices Hit Four-Year Low

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Asian Stocks Sink As Trump Tariffs Spark Global Recession Fears, Oil Prices Hit Four-Year Low Published By : Reuters Last Updated: April 09, 2025, 08:15 IST Stocks in Asia extended a slide on Wall Street on Wednesday as President Donald Trump looked set to press ahead with whopping 104% tariffs on Chinese goods, pummelling oil prices to four year lows as global recession fears gripped financial markets. Overnight, Washington confirmed 104% duties on imports from China would take effect after midnight on Wednesday. Stocks in Asia extended a slide on Wall Street on Wednesday as President Donald Trump looked set...